Mr Cooper Group Inc (COOP)

[PickStocks]

If total WMI recoveries = $10 billion then

73,684 WAMPQ WMI Escrow Marker shares (WMI Class 19 P Markers) x $1,000 = $73,684,210

5) Ask yourselves, what’s easier to achieve?

a) COOP = $617.14

OR

b) WMI recoveries = $10 billion

IMO...my answer: since the Underwriters knew all the inside information regarding MBS Trusts (which they underwrote themselves), my WAG, the underwriters (if they received 73,684 WAMPQ WMI Escrow Markers) are expecting at least $10 billion in WMI recoveries.

The underwriters do expect the minimum of the 10 billion to be returned but they know there is more recoveries than the 10 billion.....so as they ride it so do all P's and U's.....

It was said by DMD that there could be anywhere from 12 billion to 400 billion........

.the “underwriters” not only did underwriting for loans originated by WMI subsidiaries, but they also did underwriting for loans that were securitized in MBS Trusts ($692 billion from 2000-2008)

Piers get paid!!!!!Pay them.......